Top 5 Accounting Software Tools for Connecticut Small Businesses

Accounting and bookkeeping are essential tasks when starting a business in Connecticut. Your expenses should be accounted for no matter how small or how big they are, because only then can you trace your business’s finances efficiently. For you to efficiently keep track of your startup’s finances, you need to have the knowledge and skills in accounting.

However, the majority of entrepreneurs who start a Connecticut small business do not have any experience in this field, making it difficult to properly manage finances. You can definitely hire a professional like an accountant to help you out, but considering that you’re still in the initial stages of starting your business, this might not be a practical option.

A more efficient and affordable way to manage your business’s finances well is through the use of a small business accounting software. Using an accounting software will make accounting easier, it will ease your overall workload.

If you’re looking for the best accounting software for your Connecticut small business, here are 5 resources that I highly recommend you look into.

1) FreshBooks

FreshBooks is an excellent small business accounting software best known in the industry for offering the most competitive and affordable plans. However, the software isn’t only know for that, it also followed and used by more than 5 million users worldwide because of its practical features.

To give you an idea of FreshBooks accounting tools, here’s a few of them.

invoicing tool

time-tracking tool

expense tracking tool

daily dashboard

downloadable copy of expenses

automated financial reports and mobile application

Named by Forbes Magazine as “incredibly user-friendly”, FreshBooks has lived up to its name until now. If you want to know more about the accounting software, you can read our complete review or visit FreshBooks.com.

2) Xero

If you’re looking for a more established accounting software in the market, Xero may just be the right fit for you. Often called the best ‘QuickBooks Alternative’, Xero has definitely proven its place in the industry with its useful and efficient accounting tools.

Showing why it’s the top choice for many entrepreneurs, here’s a short list of its most notable features.

What do you think? Does Xero fit your needs? If the accounting soft does, you have to familiarize yourself with its complete features, you can do this by reading our comprehensive review, or try to visit Xero.com.

3) QuickBooks Online

QuickBooks … everyone in the business industry know how popular and sought-after the accounting software is. With over 10 years of solid experience in the industry, QuickBooks has proven that it’s the accounting software to beat.

QuickBooks Online has the best accounting features in the accounting industry, some of them include:

4) Zoho Books

Zoho Books is a new accounting software, however, it has one of the most modern and intuitive accounting tools in the accounting industry. If you want to stay on top of your business finances, but you have no experience, you can use Zoho Books to assist you.

With a 14-day free trial period, you’ll have the chance to experience using the following accounting features.

inventory tool

tax management system

daily dashboard

automated financial statements and reports

useful learning resources

multi-country and multi-language support.

Are one of these features of great use to you? If your answer is yes, you can read more about the accounting software by checking out our Zoho Books review or by visiting ZohoBooks.com.

5) Less Accounting

LessAccounting stands by its name, it will most certainly help you lessen your accounting responsibilities. Like Zoho Books, LessAccounting is a relatively new accounting software launched in the market, but it has the most superior features among all accounting softwares.

To prove just how unique and one of a kind the accounting software is, some of its awesome features include the following:

LessAccounting is even compatible to almost all web browsers and operating systems so you can use it anytime you want, you just need an internet connection. Read our LessAccounting review to see the software’s full details or visit LessAccounting.com.

Wrapping up and Choosing the Best Accounting Software

Accounting or bookkeeping is not a mandatory requirement so you can start a business in the state of Connecticut, however, for the sake of your business’s financial health, it’s best that you organize and keep track of your finances properly. A good accounting system can benefit you and your business a lot, most especially during tax period.

As you may already know, tax period is one of the busiest times of the year and many entrepreneurs scramble to get their accounting and other important documents done, but if you have the right accounting software in your business toolkit, you don’t have to work this way. You’ll not only be fully prepared for tax period, you’ll also be prepared for anything all year round.

I highly suggest that you look into these 5 resources and see which one best fits you. Good luck!

Half hardworking hermit, half avid adventurer, Ryan founded Startup Savant to simplify entrepreneurship and pay it forward by donating a portion of all revenue to support children's education via DonorsChoose.org.